Under contract-accepting backup offers. The 55+ community of Fairway Village lies this spacious double-wide 2-bedroom, 2-bathroom residence, boasting a desirable split bedroom open floor plan. Offering exceptional value, this property presents an opportunity for personalized renovations while remaining within budget constraints. The seller has noted updates completed in 2017 and 2018, including the installation of 1/2 inch plywood under laminate flooring throughout the home, as well as the addition of a new A/C unit and water heater in 2018. The roof over, as per the previous MLS listing, was replaced in 2013. With an interior that has been painted a few years ago, this home is conveniently situated at the front of the community, providing easy access in and out. The extended driveway can accommodate up to 3 cars or 2 cars and a golf cart, offering ample parking space for residents and guests alike. Enjoy the tranquil ambiance of the southeast-facing screened front porch, perfect for savoring your morning coffee in the warmth of the morning sun. Fully furnished and ready for immediate occupancy, this residence presents a lucrative investment opportunity for year-round living or seasonal rentals. Please note that no financing is available, and the purchase must be made in cash. (The list price includes the land share on all listings in the community) Arrange your viewing appointment today to experience firsthand the charm and allure of this exceptional home. Fairway Village, a 100% resident-owned manufactured home community, comprises 751 homes for individuals aged 55 and older, providing a premier living environment in sunny Largo along Florida's Gulf Coast. Benefitting from its proximity to major attractions, the community recently unveiled a new clubhouse in January 2022, boasting an impressive 19, 000 square feet of space for diverse activities. Additional amenities include two pools, Jacuzzis, covered shuffleboard courts, and a nine-hole par-three golf course, catering to residents' recreational needs. With low monthly maintenance fees of $396 covering essential services such as water, sewer, garbage, lawn maintenance, basic cable with internet, and more, Fairway Village offers an unparalleled value proposition. All dimensions provided are approximate and should be verified by the prospective buyer, underscoring the importance of independent verification for accuracy in listing information.
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $79,920 | $79,920 | $79,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $123 | $123 | $123 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $545 | $531 | $674 |
Total Monthly Payment | $743 | $729 | $872 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.